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Forbes 30 Under 30 List: Young Innovators Redefining AI, Green Tech, And Social Media
These leaders, with an average age of 27 and over $3.6 billion in funding, are shaping the future through innovation, sustainability, and creative influence.
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US Government Commission Pushes Manhattan Project-Style AI Initiative
A US congressional commission has proposed a Manhattan Project-style initiative to fund the development of AI systems that will be as smart or smarter than humans. The Manhattan Project was a large-scale collaboration between the US government and the private sector during World War Two that produced the first atomic bombs.
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Oppo and PolyU Renew Collaboration to Focus on AI Imaging Technology
Oppo and Hong Kong Polytechnic University (PolyU) signed a renewal agreement on Friday to further their collaboration and make technological breakthroughs. The Chinese smartphone brand has been partnering with PolyU for the last three years to develop new technologies that have been adopted by the company. Now, with the latest agreement, Oppo will ...
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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Elon Musk's xAI Aims For $40 Billion Valuation As Grok Challenges ChatGPT
Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
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Sunil Bharti Mittal Heard Own AI Voice. It Asked For Large Fund Transfer
Artificial Intelligence (AI) will shape the future of the global economy and geopolitics, said Bharti Enterprises chairman, Sunil Mittal, at the NDTV World Summit, adding that AI has its risks, particularly the potential for misuse.
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AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
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Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
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Microsoft's Vice President of Generative AI Research to Join OpenAI
Microsoft's vice president of GenAI research, Sebastien Bubeck is joining OpenAI. The development follows a series of departures from OpenAI, including that of longtime chief technology officer Mira Murati in September.
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Samsung Backs Scholarly AI Bot Serving Students and Academics
Liner has raised $29 million (roughly Rs. 243 crore) from investors in a Series B round with investors including LB Investment, as well as existing backers Capstone Partners and SL Investment alongside Samsung.
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Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
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OpenAI Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
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SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
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Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody
In one of his first public statements posted on X following his release from US custody, Changpeng Zhao hinted that he is looking to fund projects related to blockchain, decentralised technologies, Artificial Intelligence (AI), and biotech.
-
Forbes 30 Under 30 List: Young Innovators Redefining AI, Green Tech, And Social Media
These leaders, with an average age of 27 and over $3.6 billion in funding, are shaping the future through innovation, sustainability, and creative influence.
-
US Government Commission Pushes Manhattan Project-Style AI Initiative
A US congressional commission has proposed a Manhattan Project-style initiative to fund the development of AI systems that will be as smart or smarter than humans. The Manhattan Project was a large-scale collaboration between the US government and the private sector during World War Two that produced the first atomic bombs.
-
Oppo and PolyU Renew Collaboration to Focus on AI Imaging Technology
Oppo and Hong Kong Polytechnic University (PolyU) signed a renewal agreement on Friday to further their collaboration and make technological breakthroughs. The Chinese smartphone brand has been partnering with PolyU for the last three years to develop new technologies that have been adopted by the company. Now, with the latest agreement, Oppo will ...
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
Elon Musk's xAI Aims For $40 Billion Valuation As Grok Challenges ChatGPT
Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
-
Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
-
Sunil Bharti Mittal Heard Own AI Voice. It Asked For Large Fund Transfer
Artificial Intelligence (AI) will shape the future of the global economy and geopolitics, said Bharti Enterprises chairman, Sunil Mittal, at the NDTV World Summit, adding that AI has its risks, particularly the potential for misuse.
-
AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
-
Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
-
Microsoft's Vice President of Generative AI Research to Join OpenAI
Microsoft's vice president of GenAI research, Sebastien Bubeck is joining OpenAI. The development follows a series of departures from OpenAI, including that of longtime chief technology officer Mira Murati in September.
-
Samsung Backs Scholarly AI Bot Serving Students and Academics
Liner has raised $29 million (roughly Rs. 243 crore) from investors in a Series B round with investors including LB Investment, as well as existing backers Capstone Partners and SL Investment alongside Samsung.
-
Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
-
OpenAI Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
-
SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
-
Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody
In one of his first public statements posted on X following his release from US custody, Changpeng Zhao hinted that he is looking to fund projects related to blockchain, decentralised technologies, Artificial Intelligence (AI), and biotech.
